Ten Coves Capital

Ten Coves Capital is a private equity firm specializing in high-growth FinTech investments. The firm focuses on partnering with innovative companies at the intersection of financial services and technology-enabled products and services. Their investment strategy emphasizes supporting entrepreneurs who are reimagining the financial ecosystem.

Established in 2020, Ten Coves Capital has managed multiple funds, including Ten Coves Capital I, L.P., Ten Coves Capital II, L.P., and Ten Coves Capital III, L.P. The firm has invested in over forty FinTech companies across various segments, such as payments, banking, asset management, capital markets, and insurance. Notable portfolio companies include 7shifts, Bill.com, Bluefin Payments, DadeSystems, HealthEquity, Jefferson National, Lendio, Nvoicepay, Point Predictive, Q4 Inc., Quovo, Reval, Roostify, Softgate/TIO, TouchBistro, and TrueMotion.

Ten Coves Capital's approach combines capital investment with a deep network and decades of experience to accelerate growth and value creation for its portfolio companies. The firm's team leverages its extensive industry knowledge to help scale strategically significant businesses that address industry pain points, enable workflows, and provide critical infrastructure to the financial ecosystem. This approach has led to successful exits, including the sale of Quovo to Plaid, Reval to ION Trading, and Softgate/TIO to PayPal, as well as mergers like TrueMotion with Cambridge Mobile Telematics.